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Binance killed CoinMarketCap.com

Originally published at: https://dailyfintech.com/2020/05/18/binance-kills-coinmarketcap-com/

On April 2, 2020, Binance posted on its blog that it acquired CoinMarketCap.com (CMC), the best known crypto data site. It’s been reported that the size of the deal was $400 million in a cash and equity and that Brandon Chez, the founder of CMC was stepping down. He was replaced by Carylyne Chan, CMC’s…